2016 SRD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 7.1062. Conversely, the yearly low was recorded on September 21, dropping to 3.7194.
This high-to-low spread represents a total annual volatility of 3.3868 NIO. From a start-to-finish perspective, comparing the January average rate of 6.9678 to the December average rate of 3.9784, the exchange rate registered a net change of -42.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 7.1062 was down 16.69% compared to the 2015 peak of 8.5297, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD to NIO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.9024, compared to 3.9948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9076 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.7021 NIO (High: 5.1142 / Low: 4.4120). On the other end, July was the most stable month, with a tight range of 0.0322 NIO (High: 4.0672 / Low: 4.0350).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.7726 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 7.0783) against the same month in 2015 (average: 8.1293), the exchange rate shifted by -1.0511 (-12.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.0159 | 6.9219 | 6.9678 |
| February | 7.0614 | 6.9221 | 7.0230 |
| March | 7.1062 | 7.0416 | 7.0783 |
| April | 5.5633 | 4.9053 | 5.3056 |
| May | 5.1142 | 4.4120 | 4.9020 |
| June | 4.4413 | 4.0596 | 4.1380 |
| July | 4.0672 | 4.0350 | 4.0487 |
| August | 4.0723 | 3.9284 | 4.0116 |
| September | 4.0340 | 3.7194 | 3.8636 |
| October | 4.2546 | 3.7894 | 4.0260 |
| November | 4.1871 | 3.9748 | 4.0406 |
| December | 4.0063 | 3.9218 | 3.9784 |